City of Lynn Haven Resolution 2026-05-555 Loan Agreement
Lynn Haven Approves State Revolving Fund Construction Loan
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Description
The City of Lynn Haven approved entering into Clean Water State Revolving Fund Construction Loan Agreement WW030250 with the Department of Environmental Protection to finance construction of the Headworks and Influent Pump Station. Loan repayment will come from net sewer system revenues and will be subordinated to existing senior debt obligations.
Contract Details
Vendor
DEPARTMENT OF ENVIRONMENTAL PROTECTION
Agency
City of Lynn Haven, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Resolution authorizes execution of SRF Construction Loan Agreement WW030250 and pledges net sewer system revenues for repayment, subordinated to specified senior debt; no renewal terms stated in the resolution.
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